THETA Possible Cup & Handle

Jun 1, 2018

Theta looks like it might complete a Cup and Handle. If so it is near the bottom of the handle now. Could buy around 3300 with a stop around 3270 and be relatively safe.

Jun 3, 2018

Note

The cup and handle pattern was broken, but THETA seems to be holding up fairly well in what looks like a symmetrical triangle. On the shorter TF there appears to be a reversal signal in a bullish Stochastic RSI / MACD divergence.

Jun 3, 2018

Note

Triangle like this:

Jun 11, 2018

Note

This forecast failed. It most certainly was not a cup and handle.